Price
Financials
Standalone, Rs crore| Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 45 | 60 | 74 | 104 | 144 | 132 |
| Expenses | 37 | 49 | 67 | 100 | 132 | 125 |
| Operating Profit | 8 | 10 | 8 | 5 | 12 | 8 |
| OPM % | 17% | 17% | 11% | 4.3% | 8% | 6% |
| Other Income | 1 | 0 | 1 | 5 | 1 | 1 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 1 | 0 | 1 | 2 |
| Profit before tax | 7 | 9 | 7 | 8 | 11 | 6 |
| Tax % | 25% | 25% | 25% | 20% | 25% | 25% |
| Net Profit | 5 | 7 | 5 | 6 | 8 | 4 |
| EPS in Rs | 2.43 | 1.64 | 0.97 | 1.17 | 1.47 | 0.73 |
| Mar 2019 4m | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 1 | 1 | 75 | 76 | 105 | 179 | 277 |
| Expenses | 0 | 1 | 1 | 71 | 70 | 87 | 166 | 257 |
| Operating Profit | 0 | 0 | 0 | 4 | 7 | 18 | 12 | 20 |
| OPM % | 13% | 34% | 6% | 9% | 17% | 7% | 7% | |
| Other Income | 0 | 0 | 0 | 0 | 0 | 1 | 6 | 1 |
| Interest | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 |
| Profit before tax | 0 | 0 | 0 | 3 | 5 | 16 | 15 | 17 |
| Tax % | 20% | 30% | 28% | 24% | 25% | 22% | 25% | |
| Net Profit | 0 | 0 | 0 | 2 | 4 | 12 | 12 | 13 |
| EPS in Rs | 0.00 | 40.00 | 1.54 | 22.74 | 1.80 | 2.85 | 2.14 | 2.21 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 5% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 193% | 54% | 55% | ||
| Compounded Profit Growth | % | 176% | 51% | 7% | ||
| Stock Price CAGR | % | % | % | -16% | ||
| Return on Equity | % | 21% | 19% | 11% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.52 | 1 | 4 | 8 | 11 | 12 |
| Reserves | 0 | 0 | 0 | 3 | 4 | 12 | 92 | 114 |
| Borrowings | 0 | 3 | 3 | 14 | 19 | 21 | 33 | 27 |
| Other Liabilities | 0 | 0 | 1 | 33 | 30 | 35 | 59 | 65 |
| Total Liabilities | 0 | 4 | 5 | 50 | 57 | 76 | 194 | 217 |
| Fixed Assets | 0 | 3 | 4 | 10 | 11 | 11 | 20 | 24 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 11 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 5 |
| Other Assets | 0 | 1 | 1 | 40 | 46 | 64 | 166 | 178 |
| Total Assets | 0 | 4 | 5 | 50 | 57 | 76 | 194 | 217 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 2 | -3 | -2 | 0 | -53 | 9 | ||
| Cash from Investing Activity | -2 | -7 | -2 | -1 | -21 | -13 | ||
| Cash from Financing Activity | 1 | 11 | 5 | 0 | 80 | 3 | ||
| Net Cash Flow | 1 | 2 | 1 | -1 | 6 | -2 | ||
| Free Cash Flow | 0 | -9 | -4 | -1 | -66 | -6 | ||
| CFO/OP | 405% | -42% | -14% | 4% | -390% | 59% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 130 | 23 | 5 | 28 | 10 | 45 | 18 | |
| Inventory Days | 311 | 24 | 180 | 159 | 250 | 247 | 176 | |
| Days Payable | 269 | -185 | 151 | 99 | 82 | 120 | 79 | |
| Cash Conversion Cycle | 172 | 231 | 34 | 88 | 178 | 172 | 116 | |
| Working Capital Days | 211 | -1,004 | 11 | 18 | 55 | 145 | 117 | |
| ROCE % | 7% | 12% | 38% | 26% | 52% | 20% | 13% |
| Sep 2024 | Mar 2025 | Apr 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|
| Promoters | 62.34% | 62.34% | 63.90% | 63.90% | 63.90% | 63.90% | 63.90% |
| FIIs | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.65% | 0.00% | 0.90% | 0.60% |
| Public | 37.64% | 37.66% | 36.10% | 35.45% | 36.10% | 35.20% | 35.51% |
| No. of Shareholders | 7,492 | 6,781 | 6,696 | 6,426 | 5,874 | 5,682 | 5,843 |
Fundamentals
Market Cap₹ 149 Cr.
Current Price₹ 25.8
Stock P/E11.7
Book Value₹ 21.8
ROCE13.3 %
ROE11.2 %
Dividend Yield0.39 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)55%
Compounded Profit Growth (TTM)7%
Standalone figures.
Valuation
Market capRs 107 Cr
Enterprise valueRs 125 Cr
P/E (TTM)9.09x
Price to book5.23x
Price to sales1.03x
EV / EBITDA6.67x
EV / EBIT7.02x
EV / sales1.20x
Price to cash flow596.43x
Earnings yield11.00%
Profitability
Operating margin (excl. other income)17.05%
Operating margin (incl. other income)17.94%
EBITDA margin17.94%
Pre-tax margin15.08%
Net profit margin11.29%
ROE82.16%
ROCE52.37%
ROA17.79%
ROE, 3-year average79.24%
ROCE, 3-year average38.77%
ROA, 3-year average11.04%
ROE, 5-year average72.32%
ROCE, 5-year average26.42%
ROA, 5-year average7.43%
ROIC (approx.)34.84%
Tax rate25.05%
Other income / net worth4.58%
Growth
Sales growth (latest year)36.82%
Profit growth (latest year)217.47%
Sales CAGR, 3 years333.95%
Profit CAGR, 3 years428.51%
Per share
EPS (TTM)Rs 2.85
EPS (latest year)Rs 2.85
EPS, 3-year averageRs 9.13
EPS, 5-year averageRs 13.79
Book value per shareRs 4.95
Sales per shareRs 25.23
Cash flow per shareRs 0.04
Free cash flow per shareRs -1.45
Efficiency
Asset turnover1.38x
Fixed asset turnover9.16x
Inventory turnover1.58x
Inventory days231 days
Debtor days10 days
Debtors turnover38.04x
Creditor days79 days
Cash conversion cycle116 days
Working capital days117 days
Leverage
Total debtRs 21 Cr
Cash and bankRs 3 Cr
Net debtRs 18 Cr
Debt to equity1.00x
Net debt / EBITDA0.95x
Interest coverage8.58x
Owners' fund to total sources27.07%
Debt to assets27.06%
Cash flow
Cash from Operating Activity (latest year)Rs 0 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs 0 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs -6 Cr
FCFE (approx.: FCF + change in debt)Rs -4 Cr
Cash from ops / profit, 5 years-1.14x
Sales to cash flow581.11x
Statement figures
Net sales (TTM)Rs 105 Cr
Net sales (latest year)Rs 105 Cr
Operating profit excl. other income (latest year)Rs 18 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 19 Cr
PBDT (TTM)Rs 17 Cr
Profit before tax (TTM)Rs 16 Cr
Tax (latest year)Rs 4 Cr
Net profit (TTM)Rs 12 Cr
Net profit (latest year)Rs 12 Cr
Depreciation (TTM)Rs 1 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 82 Cr
Total expenditure (latest year)Rs 87 Cr
Total income (latest year)Rs 106 Cr
Share capitalRs 8 Cr
ReservesRs 12 Cr
Shareholders' fundsRs 21 Cr
Total assetsRs 76 Cr
Net blockRs 11 Cr
ReceivablesRs 3 Cr
InventoryRs 52 Cr
Other liabilitiesRs 35 Cr
Shares outstanding (crore)4.15
Ownership
Promoter holding63.90% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 9.1 is at the 4th percentile of its own 2.3-year range
(median 35.1, low 8.9, high 89.6).
P/B 5.23 is at the 4th percentile (median 15.88).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | TUNWAL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +1.8% | -2.8% | +4.5 pts |
| 1 month | +3.0% | -6.8% | +9.8 pts |
| 3 months | -2.3% | -7.6% | +5.4 pts |
| 6 months | -9.8% | +0.4% | -10.2 pts |
| 1 year | -16.5% | -9.9% | -6.5 pts |
| 2 years | -47.1% | -13.6% | -33.5 pts |
Red flags
F-score 6 of 7| explain | Weak cash conversion Cash from operations was -25% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 15% of total assets in 2026 |
| look | Inventory outrunning sales Inventory grew 98% vs sales +37% in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2026Sales ₹132 Cr +120.0% vs Mar 2024.
Net profit ₹4 Cr -42.9%.
Activity
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|---|---|---|---|
| Bajaj Auto Ltd | 297,090 | 25.2 | 28.2 % |
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| TVS Motor Company Ltd | 194,363 | 56.2 | 17.4 % |
| Hero MotoCorp Ltd | 104,234 | 18.8 | 35.2 % |
| Ather Energy Ltd | 55,802 | -19.8 % | |
| Ola Electric Mobility Ltd | 17,320 | -19.9 % | |
| Zelio E-Mobility Ltd | 2,234 | 80.1 | 38.3 % |
| Ebix Ltd | 365 | 5.95 % | |
| Wardwizard Innovations & Mobility Ltd | 165 | 162 | 7.04 % |
| Delta Autocorp Ltd | 54 | 8.84 | 11.4 % |
| Supertech EV Ltd | 48 | 12.1 | 14.4 % |
| Victory Electric Vehicles International Ltd | 33 | 15.3 | 10.5 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Less than 100 unique PAN traded in previous 30 daysSME scrip is not regularly traded
Quick answers
What is the market cap of Tunwal E-Motors Ltd?
Tunwal E-Motors Ltd (TUNWAL) has a market capitalisation of Rs 149 Cr. at the 2026-10-01 close.
What is the P/E ratio of Tunwal E-Motors Ltd?
Tunwal E-Motors Ltd trades at a P/E of 11.7 on trailing twelve-month profit, at the 2026-10-01 close.
What were Tunwal E-Motors Ltd's latest quarterly results?
In the Mar 2026 quarter, Tunwal E-Motors Ltd sales was Rs 132 Cr (+120.0% vs Mar 2024) and net profit was Rs 4 Cr.
What is the 52-week high and low of Tunwal E-Motors Ltd?
The 52-week high is Rs 49.80 and the 52-week low is Rs 24.30.